Property Overview: 47 Minikada Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Kildare-Redonda is a study in contrasts, offering a unique value proposition for a specific buyer. Its key characteristic is a modest 800 sqft living area, which is notably smaller than most homes on its street, in the neighbourhood, and across Winnipeg. However, this is balanced by an above-average land area of over 5,500 sqft for the area, providing valuable outdoor space. The home benefits from a renovated basement and a detached garage.
The appeal lies in its efficiency and lot potential. For buyers comfortable with a smaller, manageable footprint, it represents a lower-maintenance option without sacrificing yard space. The home’s assessed value is consistently “around average” for its various comparison groups, suggesting it’s priced in line with its overall offering rather than its square footage alone. A thoughtful perspective is that this property may suit someone looking to enter a stable neighbourhood without overpaying for unused interior space, while retaining the option to expand or enhance the outdoor living area. It would particularly suit first-time buyers, downsizers, or value-oriented investors who prioritize land over living area and see potential in the existing renovation work.
Section 2: Frequently Asked Questions
1. Is the house too small?
At 800 sqft, the living area is below average for all comparison levels. This makes it a compact home, best suited for individuals, couples, or those who prioritize efficient living and lower utility costs.
2. What does the “renovated basement” include?
The listing confirms a renovated basement but does not specify the scope. This is a key detail to clarify with the seller or agent to understand if it’s a finished living space, a modernized utility area, or includes legal secondary suite potential.
3. How does the lot size compare?
The 5,510 sqft lot is a standout feature, ranking “above average” for both the street and the neighbourhood. This is a significant asset, offering more private outdoor space than many nearby properties.
4. Why is the year built (1967) considered “Elite” on this street?
The data shows it is the newest home among the 59 comparable properties on Minikada Bay, with an average year built of 1964. This suggests slightly newer construction compared to its immediate neighbours.
5. What was the recent sale history?
Public data indicates a sale between $315,000 and $345,000 in July 2023. For the exact sale price, you can request the information directly via the provided email service on the listing page.